Amended Statement of Beneficial Ownership (sc 13d/a)
02 Juni 2023 - 11:10PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Tilly’s, Inc.
|
(Name of Issuer)
|
|
Class A Common Stock
|
(Title of Class of Securities)
|
|
886885102
|
(CUSIP Number)
|
|
June 2, 2023
|
(Date of Event which Requires Filing of this Statement)
If the filing person
has previously filed a statement on Schedule 13G to report the
acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box. [X]
Note: Schedules filed in paper format
shall include a signed original and five copies of the schedule,
including all exhibits. See Rule 13d-7 for other parties to whom
copies are to be sent.
* The remainder of
this cover page shall be filled out for a reporting person’s
initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information
which would alter disclosures provided in a prior cover page.
The information
required on the remainder of this cover page shall not be deemed to
be “filed” for the purpose of Section 18 of the Securities Exchange
Act of 1934 (“Act”) or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
1
|
Name of Reporting Person.
Fund 1 Investments,
LLC
|
2
|
Check the Appropriate Box if a Member of a Group (See
Instructions)
|
|
(a) [ ]
|
|
(b) [ ]
|
3
|
SEC Use Only
|
4
|
Source of Funds (See Instructions):
AF
|
5
|
Check if disclosure of legal proceedings is required pursuant to
Items 2(d) or 2(e): [ ]
|
6
|
Citizenship or Place of Organization.
Delaware
|
Number
of
Shares
Beneficially
Owned by
Each
Reporting
Person With
|
7
Sole Voting
Power
0
|
|
8
Shared Voting
Power
5,900,338 shares
Refer to Item 4 below.
|
|
9
Sole Dispositive
Power
0
|
|
10
Shared Dispositive
Power
5,900,338 shares
Refer to Item 4 below.
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
5,900,338 shares
Refer to Item 4 below.
|
12
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
|
13
|
Percent of Class Represented by Amount in Row (11)
26.14%
Refer to Item 4 below.
|
14
|
Type of Reporting Person (See Instructions)
OO (Limited Liability Company)
|
|
|
|
AMENDMENT NO. 3 TO SCHEDULE 13D
This
Amendment No. 3 to Schedule 13D (this “Amendment”) relates to Class
A Common Stock of Tilly's, Inc., a Delaware corporation (the
“Issuer” or the “Company”). The address of the principal
executive offices of the Issuer is 10 Whatney, Irvine, California
92618. This Amendment is being filed by the Reporting Person
to amend the Schedule 13D that was filed on March 15, 2023, as
amended on April 4, 2023 and April 28, 2023 (as amended, the
“Schedule 13D”). Unless otherwise indicated, all capitalized
terms used herein but not defined herein shall have the same
meaning as in the Schedule 13D.
This
amendment is being filed to amend and supplement Items 5(a) through
5(c) of the Schedule 13D.
Item 5. Interest in Securities of the Issuer
(a) and (b) See Items 7-13 of the cover page.
The percentage calculations herein are based upon the statement in
the Issuer’s Annual Report on Form 10-K for the fiscal year ended
January 28, 2023, as filed with the Securities and Exchange
Commission on April 13, 2023, that there were 22,570,961 shares of
Class A Common Stock of the Issuer outstanding as of April 7,
2023.
(c) The following table lists transactions in the Class A
Common Stock that were effected during the sixty day period prior
to the filing of this Schedule 13D and have not already been
reported in the Schedule 13D:
Transaction
|
Date
|
No. Shares
|
Price Per Share
|
Open market purchase
|
05/05/2023
|
73,000
|
$7.6500
|
Open market purchase
|
05/08/2023
|
5,000
|
$7.7321
|
Open market purchase
|
05/09/2023
|
15,000
|
$7.7315
|
Open market purchase
|
05/09/2023
|
4,000
|
$7.6768
|
Open market purchase
|
05/22/2023
|
30,162
|
$7.2793
|
Open market purchase
|
05/24/2023
|
10,000
|
$7.6435
|
Open market purchase
|
05/31/2023
|
30,000
|
$7.7894
|
Open market purchase
|
06/01/2023
|
58,210
|
$7.4033
|
Open market purchase
|
06/02/2023
|
119,500
|
$6.5068
|
Open market purchase
|
06/02/2023
|
1,000
|
$6.1000
|
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
FUND 1
INVESTMENTS, LLC
By: /s/ Benjamin C.
Cable
Benjamin C. Cable
Chief Operating Officer
Tillys (NYSE:TLYS)
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